Pregis LLC, starting next month, will institute monthly fees for new placements of equipment. See Plastics News article here.
Plastics News reports projected slowing of new shale drilling activity due to lower energy costs. New wells will slow with an emphasis placed on improved production from existing sites. Net energy prices are still projected to remain low as overall production remains strong. See article here.
PE Resin sales dropped back to more normalized rates in May. Overproduction again added to inventory levels, likely lowering July increase expectations. See update here.